Today.Az » Business » IMF forecasts two year inflation rate to be 19-22% for Azerbaijan
10 April 2008 [13:42] - Today.Az
International Monetary Fund predicts Azerbaijan’s GDP growth rate at 18.6% in 2008 and 15.06% in 2009.
IMF Global Financial Stability Report said Azerbaijan will outperform other CIS countries for GDP growth in these years.
According to IMF outlook, inflation rate will be 22% in 2008 and 19% in 2009 in the country.
The average inflation rate for CIS countries is predicted at 7% for 2008 and 6.5% for 2009.
Azerbaijan posted inflation rate at 16.7% in 2007.
The Government predicts GDP growth rate at 16.1% and inflation rate at 12-13% for 2008.
/APA/
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